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Lanon Wee
Aug 14, 20234 min read
Rising Economic Difficulties in China as Credit Loans Decline and Real Estate Concerns Loom
Friday's figures showed a reduction in the demand for credit by businesses and consumers. On Tuesday, analysts anticipate no change in...
Lanon Wee
Aug 14, 20232 min read
Mark Zuckerberg Asserts that Elon Musk Unwavering About Cage Match
Mark Zuckerberg asserted that Elon Musk should not be taken seriously in his suggestion of having a cage fight, and that it is now time...
Lanon Wee
Aug 14, 20234 min read
Police Utilize Video Doorbells: Does it Reduce Criminal Activity?
It was an attempted break-in at her home that spurred Jessica Randle to become a prominent advocate for video doorbells. When Ms Randle...
Lanon Wee
Aug 14, 20232 min read
Zuckerberg Encourages Moving On After Musk Declines Cage Fight
The probability of a cage match between tech giants Mark Zuckerberg and Elon Musk, which had been vastly anticipated, appears to have...
Lanon Wee
Aug 13, 20234 min read
Risk of US Tech Companies Exiting the UK
It was almost impossible to keep a straight face when the CEO of a large American technology company I was speaking to declared there was...
Lanon Wee
Aug 13, 20234 min read
Amazon Addresses Seller Complaints by Releasing Funds
Amazon has responded to grievances of some UK and EU sellers by beginning to give back the funds that had been withheld without warning. ...
Lanon Wee
Aug 13, 20234 min read
Amazon's Pursuit of Generative A.I. with Custom AWS Chips to Compete with Microsoft and Google
In an office building in Austin, Texas that goes unnoticed, two tiny rooms are occupied by a small number of Amazon personnel who are...
Lanon Wee
Aug 12, 20231 min read
Sam Bankman-Fried Sentenced to Jail for Witness Tampering by U.S. Judge
On Friday, Sam Bankman-Fried will be sent to prison after a judge agreed to a demand by federal prosecutors to annul his FTX founder's...
Lanon Wee
Aug 12, 20232 min read
Biggest Stock Movers at Midday: News Corp, Alibaba, Applied Materials and Others
Investors were paying close attention to midday trading, as several notable companies experienced significant share movement. News Corp's...
Lanon Wee
Aug 12, 20232 min read
Judge to Rule on Friday if Sam Bankman-Fried Will Face Jail Time for Alleged Witness Tampering
On Friday at 2 p.m. ET, a New York judge will hold a hearing to decide if FTX founder Sam Bankman-Fried should be incarcerated. U.S....
Lanon Wee
Aug 12, 20234 min read
U.S. Applies China Ban as Lessons Learned from Past Deals With Russia
The United States has taken steps towards prohibiting certain investments in China, which analysts told CNBC suggests Western allies may...
Lanon Wee
Aug 12, 20232 min read
California Regulators Give San Francisco Green Light to Robotaxi Service Despite Objections
On Thursday, the California Public Utilities Commission voted 3-1 in favor of allowing Alphabet Inc's Waymo and General Motors' Cruise to...
Lanon Wee
Aug 12, 20231 min read
Starling, Goldman Sachs-Backed Digital Bank, Forays Into Asia-Pacific Market
Talks have begun between Starling, a company supported by Goldman Sachs, and a bank in the Asia-Pacific region to roll out the Engine...
Lanon Wee
Aug 11, 20232 min read
Strategist Warns of Overconfidence in A.I. Impact From Investors
Confidence in AI's capacity to increase future profits has pushed Nasdaq composite indices up 38% since the beginning of the year. On...
Lanon Wee
Aug 11, 20233 min read
Huawei Sees Modest Consumer Revenue Increase for H1 2023
Huawei reported a 2.2% rise in revenue from its consumer operations for the initial six months of the year when compared to the same...
Lanon Wee
Aug 11, 20232 min read
UBS Terminates Credit Suisse's Shielding from Governments and Central Banks
On Friday, UBS announced that the termination of the 9 billion Swiss franc ($10.27 billion) loss protection agreement and the 100 billion...
Lanon Wee
Aug 11, 20235 min read
Impact of Biden's Executive Order on U.S. Investment in China
The Biden administration's much-anticipated executive order on American investments in Chinese organizations has raised many queries as...
Lanon Wee
Aug 11, 20235 min read
The Importance of Knowing Where Your Data Is Stored
Mattias Åström casts his gaze out of the office window in France. "Admire the stunning roads and bridges," says the founder and CEO of...
Lanon Wee
Aug 11, 20233 min read
Rejuvenation of a Wrecked Tesla: A Story of Rebirth Across the World
Last year, CNBC's executive editor Jay Yarow's Tesla Model X, which had been totaled in the U.S., suddenly reactivated itself and started...
Lanon Wee
Aug 11, 20233 min read
Tech Giant Reports Possible AI Advancement with 'Brain-like' Chip.
IBM has declared that their prototype "brain-like" chip could enhance the energy efficiency of artificial intelligence (AI). Worries...
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